Real Estate in Ras Al Khaimah

A brief overview of legislation from Real Law

Who is this overview for

•  investors;
•  developers;
•  brokers;
•  legal consultants;
•  landlords;
•  tenants;
•  other participants in the real estate market.

Key regulation areas

The main topics in Real Estate legislation in Ras Al Khaimah include the following: 

lease: relations between landlords and tenants, dispute resolution mechanisms, including mandatory registration of long-term leases; 
purchase and sale: regulation of property transactions, registration and transfer of ownership;
development: requirements for developers, licensing, escrow account management and construction completion obligations;
brokerage services:  licensing, standards and regulations; 
real estate registration: overlaps with the domain of buying and selling, includes laws on maintaining cadastral records and databases;
co-ownership: regulation of rights and responsibilities of owners in multi-story buildings and complexes;
anti-money laundering: measures to prevent the use of real estate for money laundering and terrorist financing; 
building codes and standards.

Regulatory Authorities

Ras Al Khaimah Lands Department manages the registration...